第10章 免責聲明

The Global PUR Hot Melt Adhesives Market was valued at USD 847.45 million in 2015 and is projected to reach USD 1161.29 million by 2020, at a CAGR of 6.5% during the forecast period from 2015 to 2020.

The global PUR hot melt adhesives market has been segmented on the basis of type into non-reactive and reactive. On the basis of application, the market has been segmented into packaging, hygiene products, automotive, furniture, footwear, electronics, textile, bookbinding, and others. On the basis of geography, the market has been segmented into Asia-Pacific (India, China, Japan, South Korea, Rest of APAC), North America (United States, Canada, Mexico, Rest of North America), Europe (Germany, United Kingdom, Italy, France, Rest of Europe), South America (Brazil, Argentina, Rest of South America), and Middle East & Africa (Saudi Arabia, South Africa).

North America has the largest market for PUR hot melt adhesives, followed by Europe and Asia-Pacific. The United States is expected to maintain its dominance in the forecasted period. Europe is expected to show an average growth rate. However, Asia-Pacific region is expected to witness the highest growth in the near future. The increasing number of manufacturing units in the developing region, such as India, is expected to boost the Asian market. In the APAC region, China is the largest consumer of PUR hot melt adhesive products, owing to the greater demand from the manufacturing industry in this country.

Polyurethane reactive (PUR) hot melt has a combination of different positive attributes found in various and unique adhesives. PUR hot melt is not found in the normal form of a glue stick or bulk pellet, instead, it is melted from a solid prior to application and is commonly dispensed from a 10oz tube similar to caulking adhesive. PUR hot melt solidifies through moisture in the air to form a super strong bond that does not re-melt.

This growth is largely dominated by the advancements in technology. Major end-user industries are growing, which in turn has spurred the growth of adhesives and sealants. Market users for adhesives and sealants vary from construction to packaging and labelling, automotive industry, footwear, transportation, assembly, consumer DIY and woodworking. Growth in the market over the next few years is expected to be driven by the growing product penetration in new application markets, product differentiation, and innovations.

However, the volatility in raw material prices provides a major challenge on the global PUR hot melt adhesives market by 2020. Growing volatility in the prices of raw materials has increased pressure on margins of adhesives manufacturers as well.

PUR glues are a recent development for perfect binding and are largely different from the EVA and SBR (styrene butadiene rubber) hot melt. They polymerize when applied so that they form much stronger bonds than the traditional hot melt. They also possess superior flexibility and can withstand a larger range of temperature. They are expensive than traditional EVA hot melt (2-4X) but application rates are much lower. Transitioning to reactive hot-melt polyurethane (PUR) offers various companies a way to stay relevant and competitive.

There is low control on the consumption of high VOC adhesives in China and India, due to the absence of related government policies. Market players are keen to expand their product portfolio and offer it to consumers at competitive prices. The major market players are focusing on their R&D activities to innovate products under the regulations of EPA and REACH. Other development strategies opted by market players include signing agreements and collaborations to optimize their distribution chain in the growing economies.

Key Deliverables in the Study:

Market definition along with the identification of key drivers and restraints

Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale

Extensively researched competitive landscape section with profiles of major companies along with their market shares

Identification and analysis of the macro and micro factors that affect the global PUR hot melt adhesives market on both global and regional scales

A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information

A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market

Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped